CNN tried to claim on Friday that rampant shoplifting and its economic consequences are finally receding, but even the outlet’s own article couldn’t back up that claim.
CNN—owned by Warner Bros Discovery, a company led by Democrat donor David Zaslav—published a Sept. 13 article trying to minimize a major weakness for the left ahead of the 2024 election: rampant crime.
CNN Business Reporter Nathaniel Meyersohn announced that a retail industry category called “shrink,” which included shoplifting but also at least four other inputs, was decreasing in reality and in retailers’ earnings calls. Meyersohn then admitted in paragraph 31 that the only element of “shrink” the public really cares about, shoplifting, was in fact increasing.
Meyersohn wrote, “In fact, the shoplifting rate during the first half of 2024 in major cities was 24% higher,…
